The primary mission of American Society of Cost Segregation Professionals (ASCSP) is to create quality standards for the cost segregation industry. As part of this role, it identifies and clarifies misconceptions. The ASCSP published the article linked below that corrects several errors in a recent publication by the Forbes Finance Council.
An Unfortunate Article, Clarifying Misconceptions in the Cost Segregation Industry
ICS Tax, LLC (ICS) is proud to be part of the ASCSP with members holding its highest credential, a Certified Cost Segregation Professional (CCSP). Becoming a CCSP requires 7 years and 7,000 hours of experience, rigorous testing, and background checks. Alex Bagne was elected President of the ASCSP, Kevin Johnson currently leads the ASCSP’s Technical Standards Committee, and other members hold ASCSP credentials and are actively involved in the Society.
ICS is a consulting firm providing innovative tax planning strategies. ICS collaborates with taxpayers and their tax professionals to identify credits and incentives that reduce tax liabilities and increase profitability. ICS provides nationwide service through its offices located throughout the country.
About the author
Alexander Bagne
President · JD, CPA, MBA, CCSP
Alex is the President of ICS Tax, LLC (ICS). His expertise includes fixed asset reviews, cost segregation, the 179D and 45L energy efficiency incentives, accounting methods, research tax credits, and IC-DISC export incentives. Prior to ICS, Alex worked for a decade with several Big Four firms, including Ernst & Young, Deloitte Tax, and PricewaterhouseCoopers. His specialized planning ideas have saved his clients millions in tax dollars. He has given Continuing Professional Education on a variety of tax planning ideas throughout the country. He is published in the AICPA's Tax Adviser magazine and Accounting Today.
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